Calling All Investors, Developers & End-Users!!! 11.2 Cap 8 Unit Bronx Apartment Building For Sale!!! The Property Features Excellent Signage, Great Exposure, R7-1 Zoning, High 9’ Ceilings, (6) 3 Br. Apartments, (2) 4 Br. Apartments, 4 Stories, Basement, Large Rear Yard, Skylights, All New LED Lighting, 3 Phase Power, A/C, +++!!!! The Property Is Located In The Heart Of Longwood Just Off Prospect Ave. Near I-278 (Bruckner Expy.)!!! Neighbors Include Amazon, Verizon, T-Mobile, AT&T, Optimum, Frito Lay, Planet Fitness, Dunkin’, Marshall’s, Burlington, GNC, NY Expo Center, Dollar Tree, Five Below, Family Dollar, Boost Mobile, McDonald’s, White Castle, Popeye’s Louisiana Kitchen, Little Caesar’s Pizza, Aldi, KFC, +++!!! The Property Has An Assumable Mortgage At 3.75%!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Unit 1 (3 Br. Apt.): $19,800 Ann.; Lease Exp.: 1/31/26. Unit 2 (3 Br. Apt.): $21,155.16 Ann. Lease Exp.: 7/31/27. Unit 3 (3 Br. Apt.): $22,734 Ann.; Lease Exp.: 4/30/27. Unit 4 (4 Br. Apt.): $21,483.60 Ann.; Lease Exp.: 7/31/27. Unit 5 (3 Br. Apt.): $23,997 Ann.; Lease Exp.: 6/30/27. Unit 6 (3 Br. Apt.): $20,944.44 Ann.; Lease Exp.: 8/31/26. Unit 7 (3 Br. Apt.): $20,760.84 Ann.; Lease Exp.: 7/31/27. Unit 8 (4 Br. Apt.): $22,876.08 Ann.; Lease Exp.: 9/14/27. Gross Income: $173,751.12 Ann. Expenses: Oil: $7,400 Ann. Electric: $1,300 Ann. (Common Areas Only) Maintenance & Repairs: $4,000 Ann. Insurance: $9,000 Ann. Water & Sewer: $10,280.84 Ann. Taxes: $15,727 Ann. Total Expenses: $47,707.84 Ann. Net Operating Income (NOI): $126,043.28 Ann. (11.72% Cap!!!)
| MLS # | 979694 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 143 |
| Listing Provided By | All Island Estates Realty Corp | Richard Matt Shane |
| SQ Feet | 9,562 |
|---|---|
| Basement | Y |
| Story(s) | 4 |
| Units | 8 |
| Building(s) | 1 |
| Zoning | R 7-1 |
| Acreage | 0.08 |
| Cooling | None |
|---|---|
| Heating | Oil |
| Construction Materials | Brick, Frame |
|---|
| Parking Features | On Street |
|---|
| Utilities | Electricity Available, See Remarks |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 15727 |
| Tax Lot | 11 |
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10455 |
| Listing VS Median (in 10455) | |
Price: $1,075,000 low | high Med: $732,500 sqft: 9,562 low | high Med: 2,489 $ / sqft: $112 low | high Med: $308 On site: 143 low | high Med: 268.5 | |
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10455 |
| Listing VS Median (in 10455) | |
Price: $1,075,000 low | high Med: $732,500 sqft: 9,562 low | high Med: 2,489 $ / sqft: $112 low | high Med: $308 On site: 143 low | high Med: 268.5 | |